NOT LISTED FOR SALE

840 W Main St Salem, VA 24153

Estimated Value: $42,108,938

-- Bed
2 Baths
138,887 Sq Ft
$303/Sq Ft Est. Value

About This Home

This home is located at 840 W Main St, Salem, VA 24153 and is currently estimated at $42,108,938, approximately $303 per square foot. 840 W Main St is a home located in Salem City with nearby schools including West Salem Elementary School, Andrew Lewis Middle School, and Salem High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2020
Sold by
Valo Llc
Bought by
Ns Retail Holdings Llc
Current Estimated Value
$42,108,938

Purchase Details

Closed on
Oct 4, 2011
Sold by
Bet Wilkinson Salem Ventrue Llc
Bought by
Valo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,031,234
Interest Rate
4.15%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ns Retail Holdings Llc $29,230,769 None Available
Valo Llc $28,962,769 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valo Llc $25,031,234
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $108,403 $18,373,400 $8,428,100 $9,945,300
2024 $101,036 $16,839,400 $8,045,100 $8,794,300
2023 $187,536 $15,628,000 $6,798,800 $8,829,200
2022 $177,340 $14,778,300 $6,343,900 $8,434,400
2021 $168,683 $14,056,900 $5,884,400 $8,172,500
2020 $161,422 $13,451,800 $5,271,500 $8,180,300
2019 $158,089 $13,174,100 $5,271,500 $7,902,600
2018 $155,454 $13,174,100 $5,271,500 $7,902,600
2017 $148,942 $12,622,200 $4,719,600 $7,902,600
2016 $147,061 $12,462,800 $4,560,200 $7,902,600
2015 $147,061 $12,462,800 $4,560,200 $7,902,600
2014 $147,061 $12,462,800 $4,560,200 $7,902,600
Source: Public Records

Map

Virginia Salem City County Salem 24153

840 W Main St, Salem, VA

This home is located at 840 W Main St, Salem, VA 24153 and is currently estimated at $42,108,938, approximately $303 per square foot. 840 W Main St is a home located in Salem City with nearby schools including West Salem Elementary School, Andrew Lewis Middle School, and Salem High School.

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